David Tepper Is Still Super Bullish And Thinks The S&P Could Rise 20% Or More

Billionaire hedge fund manager David
Tepper is still extremely bullish and he thinks the S&P
could rise 20 percent or more this year, CNBC's Kate Kelly
reported on "Halftime Report" citing an unnamed source familiar
with his thinking.

Tepper, the founder of $12 billion-distressed-debt hedge
fund Appaloosa
Management, doesn't see much more than short term
volatility, Kelly said.

She added that he's surprised that the year-to-date hasn't been
stronger, according to a source familiar with Tepper's thinking.

Tepper also sees real GDP growth of 2.25% and a lot of cash on
the sidelines.

Tepper has a track record for being one of the best performing
hedge fund managers on the Street. So far this year, he's
up more than 10%. February was flat for Tepper, according
to Kelly.